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  2. Future of refrigeration in the luxury home – and what consumers are telling brands
  3. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  4. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
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  10. 1 week left! Claim your spot at Luxury Roundtable's Sept. 25 summit
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Craftsmanship and métier

UK luxury contributes $104 billion to United Kingdom economy, supports 450K jobs and accounts for 3.7pc of GDP: report

March 18, 2024

Bentley Motors was recently named Britain's most admired automotive manufacturer for the second consecutive year. Image: Bentley Motors Bentley Motors was recently named Britain's most admired automotive manufacturer for the second consecutive year. Image: Bentley Motors

 

By Luxury Marketer Intelligence

The United Kingdom’s luxury sector is now contributing £81 billion ($104 billion) a year to the country’s economy and is helping the government raise $33 billion (£25.5) billion in tax receipts.

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MOST READ
  1. Luxury brands neglecting cultural venues where more UHNWIs are spending time: report
  2. Future of refrigeration in the luxury home – and what consumers are telling brands
  3. Luxury fashion sector needs to reinvent amidst widespread global slowdown
  4. New episode of Luxury Stance Podcast: What the ultra-wealthy – 0.01 percent – want out of luxury hospitality
  5. Is luxury losing its luster as US affluent consumers’ priorities shift?
  6. How to structure your wealth for the next decade
  7. Luxury Roundtable launches Luxury Marketer, a global intelligence, analysis and news source for luxury professionals across sectors 
  8. Rolls-Royce to invest $370M+ in British manufacturing expansion as it prioritizes higher price per bespoke car
  9. Access no longer the new scarcity for global wealthy: report
  10. 1 week left! Claim your spot at Luxury Roundtable's Sept. 25 summit


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